Threshold Transactions Reporting (TTR) - Nepal
Threshold Transactions Reporting (TTR) Definitions: TTR : It stands for Threshold Transactions Reporting. TTR is a report that financial institutions and Designated Non-Financial Businesses and Professions are required to file to FIU-Nepal for : Deposit, Withdrawal, Exchange of currency, Other payment or transfer; if it exceeds prescribed threshold limit Provided by FIU-Nepal. Reporting Thresholds for Reporting Entities The regulators of REs have designated different threshold limits as stated in their AML/CFT directives. The designated thresholds for REs have been categorized into; 1) Bank and Financial Institutions – 5 Regulators 2) Other Reporting Entities. – 6 Regulators Threshold :- Bank and Financial Institutions Currently, the designated thresholds for Bank and Financial Institutions in Nepal are as follows by the regulatory NBR ( Nepal Rastra Bank): Cash deposit or ...







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